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Garage Services and MOT Business, Meifod, Powys, Wales, For Sale

Welshpool, Powys, Cymru

  • Freehold Price: £340,000
  • Leasehold Price: £160,000
  • Annual Turnover: £234,000
Seller Reference: Aspire1777
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: Aspire1777
Request Details
Business Description
Aspire is pleased to offer for sale this excellent Garage Services and MOT business, with optional 4-bed detached house, ideally placed in the picturesque village of Meifod, Powys, Wales.
The business sits on the main road into the village, the A495, close to the local village stores and amenities. The premises boasts wide, prominent frontage onto the main road, overlooking the beautiful open countryside to the rear.
The road network gives good access to the surrounding towns and villages, and further towards Oswestry, Shrewsbury and the motorway network.

The garage business was built and established in 1951, and has been in the same family since. The business is only now available for reluctant sale due to retirement.
The premises, both the commercial garage and the house, have been vigorously maintained and kept meticulously clean throughout, with no expense spared on upkeep. This is a credit to the current owners.

The business has developed an enviable reputation in the area, which ensures much repeat trade and word-of-mouth recommendations. The garage provides a range of repairs and services to all makes and models of vehicle and is also able to provide a full range of MOT services, with classes I, II, III, IV, V and VII all available. The exceptionally spacious premises are eminently suitable for the higher class MOTs, able to provide services for motorhomes, mini-buses, coaches and good vehicles. Around 1,500 MOT’s are provided annually.

The garage operates from a single storey, purpose-built unit, with wide, attractive frontage and deep forecourt. This has been recently re-tarmaced and the white-painted frontage refreshed. To the front, there are two full height roller shutter doors, with a customer reception and waiting area to the side, accessible via separate entrance.

Internally the open-plan workshop is immaculately presented, and benefits from concrete flooring, skylights and fluorescent lighting. The workshop is fully equipped for the trade and accommodates a 4-post ramp with rolling road, additional 4-post ramp and 2 x 2-post ramps.
There is ample workspace and a full range of appropriate tools and equipment.
Also on the premises is a mezzanine level used for storage, a further store room and WC with basin.
Externally there are ample parking and open spaces around the premises, suitable for maneuvering large vehicles. Also to the rear are two large, lock-up garages.

Opening hours:
Monday to Friday - 8.30am to 5.30pm
Saturday and Sunday closed.

Currently run at a pace to suit by the owner and 2 x full-time employees, there is excellent potential to enhance the business. Introducing a website, showcasing this exemplary garage, would certainly increase exposure and extend the customer base further afield. Social media also offers extensive marketing opportunities and options for promoting the services available.
Extending the opening hours across the weekend would further boost turnover.

Leasehold business for sale - £160,000
New lease to be assigned
Annual lease rental - £17,500
Business rates - currently exempt; 100% relief

Annual turnover - £230,000; GP 64%

The house is available to lease for £6,000 per annum
The 4-bed house sits next to the garage premises and provides generous living spaces and a wealth of period and traditional features such as feature fireplaces, exposed brick walls and beams. The bathroom has been fully modernised and finished with contemporary fixtures and fittings.
Outside there is a generous, well-kept garden, overlooking open fields and hills, and incorporating seating areas, border plants, trees and a large grassed lawn.

The freehold for the business and / or the house is also available.

Freehold and Business £340,000
Freehold, Business and House £620,000

This is a unique opportunity to acquire a highly respected business in an enviable trading location. Early viewing is advised to fully appreciate the presentation of this business, as well as the location and potential. Prompt, confidential discussions with Aspire must come strongly recommended.

www.aspirebusinesses.co.uk
Tenure:
Leasehold, Freehold
Location Details:
The business sits on the main road into the village, the A495, close to the local village stores and amenities. The premises boasts wide, prominent frontage onto the main road, overlooking the beautiful open countryside to the rear. The road network gives good access to the surrounding towns and villages, and further towards Oswestry, Shrewsbury and the motorway network.
Leasehold Term:
New lease to be assigned Annual lease rental - £17,500
Listed by:
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